Malta is becoming a new hub for Bitcoin, crypto and blockchain related enterprises. But now, the Malta Blockchain Summit has decided to sign a partnership with CryptoFriends. With the partnership the Malta Blockchain Summit will have a boosted support from one of the most recognized crypto networks in the world.

Malta Blockchain Summit Partners with CryptoFriends

According to Times of Malta, the Summit will feature a Hackathon with 60 developers that will be distributed in 12 teams. At the same time, there will be other companies and ICOs present at the summit.

CryptoFriends co-founder and CEO, Daria Arefieva, commented:

“We are extremely delighted to partner with the Malta Blockchain Summit. Thanks to its progressive and positive attitude towards blockchain technology and sensible industry regulation, Malta is fast becoming one of the leading nations for blockchain in Europe, if not the world.”

Moreover, CryptoFriends is planning a series of blockchain parties and meet-ups that will take place in Malta during the summer. Furthermore, Arefieva explained that the island is very opened towards virtual currencies and blockchain technology. The Summit will be an opportunity for companies to see how the country is moving in the right direction.

“This summit is an exciting opportunity for anyone operating in the space to come and see how this beautiful island is embracing our industry, seek out new business opportunities and grow their network,” explained Daria Arefieva.

Binance, one of the most important virtual currency exchanges in the world has decided to settle its operations in the European island. The first crypto exchange by trading volume has been welcomed in Malta by the Prime Minister Joseph Muscat.

Another important cryptocurrency exchange, OKEx has also been received by the Maltese Government.

A tweet by the Government of Malta reads as follows:

“We welcome @OKEx_ world-leading digital exchange, to growing #blockchain ecosystem. #Malta fast becoming jurisdiction of choice for Distributed Ledger #DLT Technology companies in European Union #EU & Globally.”

Malta is becoming one of the friendliest crypto hubs in Europe and the world for crypto-related companies.